Bluetradingfx
Short

EURUSD POSSIBLE FAKE CORRECTION

FX_IDC:EURUSD   Euro / U.S. Dollar
IM CURRENT BULL ON EURUSD             . LIKE 80% OF MARKETS, BUT WHAT IF ALL OF THIS WAS JUST A BIG CORRECTION BECAUSE OF THE EVENTS OF LAST WEEK?? OIL             IS THE KEY FOR ME TO LOOK AT A BEARISH BARKET CONTINUATION, OIL             BROKE IMPORTANT WEEKLY SUPPORTS AND MY POINT OF VIEW NOW IS HEADING TO 31.5 BOTTOM. WITH THIS IN MIND AND TAKING BOTH AGAINST THE US DOLLAR             , THERE IS A CHANCE FOR ALL OF THIS HAVING BEEING A HUGE CORRECTINO FOR MARKETS, AND THAT PRICES WILL KEEP TO TEND DOWN. NOW IF 1.12 HOLDS 1.1 HOLDS, THE CHANCE IS FOR EURO             WAIT FOR OIL             TO BOTTOM AND GO UP BOTH TOGETHER. BUT UNTILL I DONT SEE OIL             BOTTOMING, I WILL STAY SHORT ON HIGHS.
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